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Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Emin Gün Sirer & Ittay Eyal: Bitcoin-NG – Scientists Versus the Church
Description: One of the concerns confronting the Bitcoin community is that of scaling the transaction throughput rate: How do we go from the current rate of approx. 5 transactions per second to a thousand times that?
In this episode, we talk to Emin Gun Sirer and Ittay Eyal from Cornell University regarding Bitcoin NG; a next generation Bitcoin blockchain design that addresses some protocol based limitations preventing Bitcoin from increasing transaction throughput.
Their proposal also enables fast (initial) transaction confirmations on the order of 10-20 seconds.
Topics covered in this episode:
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